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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (22117)	10/16/1998 10:58:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79230

Thought to add for the week: Lots of talk of the fed manipulating the market and various reasons for it being a bad call. I see it this way: Lets compare the current situation to a sport. When a team is in need of a play or a score who do they go to: their money player. Micheal Jordan, Steve Young, Mark MacGuire... Who does the fed go to, its money player: the almighty baby boomer generation. The recent move is giving the baby boomers the ball. Lets see what they do with it. Consumer demand is going to be the largest factor now. Not hedge funds, asian problems, martians landing... The baby boomers have the ball and they know how to spend it. ht david

To: Magnatizer who wrote (22117)	10/19/1998 9:41:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79230

Tuesday Magnets: Monday Tuesday Wednesday Thursday Friday DOW 30 Close 8417 8467 day prior Monday Friday (if sloped) 7425 -992 -1042 7425 7425 7425 7458 -959 -1009 7458 7458 7458 7583 7510 -834 -902 7547 7528 7510 7591 -826 -876 7591 7591 7591 7610 7621 -807 -854 7616 7618 7621 7765 7670 -652 -725 7718 7694 7670 7724 -693 -743 7724 7724 7724 7765 7670 -652 -725 7718 7694 7670 7933 -484 -534 7933 7933 7933 8040 8059 -377 -422 8050 8054 8059 8143 -274 -324 8143 8143 8143 8352 -65 -115 8352 8352 8352 8561 144 95 8561 8561 8561 8770 353 304 8770 8770 8770 8814 8835 397 353 8825 8830 8835 8842 8862 425 381 8852 8857 8862 8961 8980 544 499 8971 8975 8980 Nasdaq Close 1621 1649 day prior Monday Friday 1397 1399 -224 -251 1398 1399 1399 1446 1443 -175 -203 1445 1444 1443 1478 -143 -171 1478 1478 1478 1528 -93 -121 1528 1528 1528 1550 -71 -99 1550 1550 1550 1605 1593 -16 -47 1599 1596 1593 1622 1 -27 1622 1622 1622 1633 1625 12 -18 1629 1627 1625 1690 1665 69 35 1678 1671 1665 1694 73 45 1694 1694 1694 1766 145 117 1766 1766 1766 1783 162 134 1783 1766 1783 1846 225 197 1846 1846 1846 SP500 Close 1056 1062 day prior Monday Friday 981 -75 -81 981 981 981 984 971 -72 -81 978 974 971 996 989 -60 -68 993 991 989 1006 -51 -57 1006 1006 1006 1015 1018 -41 -46 1017 1017 1018 1030 -26 -32 1030 1030 1030 1037 1039 -19 -25 1038 1039 1039 1042 -15 -20 1042 1042 1042 1054 -2 -8 1054 1054 1054 1054 1057 -2 -7 1056 1056 1057 1079 23 17 1079 1079 1079 1103 47 41 1103 1103 1103 1128 72 66 1128 1128 1128 1141 85 79 1141 1141 1141 1155 99 93 1155 1155 1155 ht david